Goldman Sachs reiterated a Buy rating on KUAISHOU-W due to several key factors. The report highlighted that the market currently undervalues the company's AI/Kling business, despite the stock price having previously aligned with industry performance. Additionally, the analysis indicated that the potential impact of tax burdens has already been largely reflected in the stock price. With the stock recently falling below the forecasted 2026 P/E ratio of 12x after adjustments, Goldman Sachs believes the current risk-reward scenario is more favorable for investors. The report also considered various controversies and growth prospects in a sluggish consumer environment, ultimately supporting their positive outlook on the stock with a target price of HKD87.

JPMorgan

Overweight

downgrade

$295 -> $280

2026-02-13

Reason

JPMorgan

Price Target

$295 -> $280

2026-02-13

downgrade

Overweight

Reason

JPMorgan lowered its target price for NTES-S due to a 3% reduction in the 2026 EPS forecast, which reflects delays in the launch of new games. Specifically, the anticipated release dates for "Sea of Remnants" and "Ananta" have been pushed back, leading to the adjustment in the target price. Despite this, JPMorgan maintains an Overweight rating for NTES-S in the long term, considering it a top pick in China's digital entertainment sector, although it suggests that KUAISHOU-W may outperform NTES-S in the short term.

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01024 Should I Buy

01024 Should I Buy

Should You Buy KUAISHOU-W (01024) Today? Analysis, Price Targets, and 2026 Outlook.

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